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How major US stock indexes fared Friday
Stocks closed broadly higher on Wall Street Friday as the S&P 500 notched its third weekly gain in the last four. The benchmark index’s biggest gains came from cruise operators, airlines, banks and other companies that most need the economy to reopen and strengthen. The technology-heavy Nasdaq...
Wall Street rallies as optimism returns to cap erratic week
NEW YORK (AP) — Optimism returned to Wall Street on Friday, and stocks rallied to cap a shaky week dogged by worries that rising coronavirus counts may halt the economy’s recent upswing. The S&P 500 climbed 1%, and the biggest gains came from cruise ship operators, airlines, banks and other...
Asian stocks sink after Wall St losses on economy worries
BEIJING (AP) — Asian stock markets followed Wall Street lower Friday on worries economic recoveries might fade as coronavirus cases increase in the United States and some other countries. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia retreated a day after strong gains driven by the rise of...
How major US stock indexes fared Thursday
Banks helped drag stocks lower on Wall Street Thursday amid worries that recent improvements in the economy may be set to stall as coronavirus cases continue to climb. The S&P 500 lost nearly all of its gains from the day before, with the sharpest drops hitting oil producers and other stocks whose fortunes...
2Q earnings to show how virus menaced Corporate America
NEW YORK (AP) — Like that last roll of ultra-thin toilet paper left on the shelves or the latest Star Wars movies, it’s tough to be disappointed in something when expectations were low to begin with. That’s how Wall Street is approaching the upcoming earnings season for companies. CEOs across...
Asian stocks follow Wall Street higher after tech gains
BEIJING (AP) — Asian stock markets followed Wall Street higher on Thursday following gains for major U.S. tech stocks. Benchmarks in Shanghai, Tokyo, Hong Kong and Australia rose. U.S. stocks have recovered most of this year’s losses, helping to push up global prices, despite rising numbers of...
How major US stock indexes fared Wednesday
Stocks closed higher Wednesday, as more gains for big tech companies helped make up for weakness elsewhere across Wall Street. The S&P 500 had its sixth gain in seven days. While the technology sector led the way higher, companies that rely on consumer spending, banks and communication stocks also helped...
Asian shares mixed as pandemic saps buying momentum
TOKYO (AP) — Shares were mixed in Asia on Wednesday as uncertainty over the pandemic sapped the buying enthusiasm that has been driving prices higher. The selling followed a deeper pullback on Wall Street and in France, Germany and elsewhere after the European Union’s executive arm said this...
How major US stock indexes fared Tuesday
Technology companies and banks helped drive stocks broadly lower on Wall Street Tuesday as the market gave back some of the big gains it made the past couple of weeks. The sell-off snapped the S&P 500 index’s five-day winning streak. Bond yields fell and the price of gold rose, another sign of caution...
Asia markets slip as virus outbreaks mute hopes for rebound
TOKYO (AP) — Markets were mostly lower in Asia on Tuesday as expanding coronavirus outbreaks dimmed hopes for a global recovery, despite an overnight rally in tech shares that pushed the Nasdaq composite to another record high. Japan's benchmark Nikkei 225 dropped 0.6% to 22,577.65 and South Korea's Kospi...
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